The market is currently at a top but it's up to the Fed to decide early next week if this is the top for the stock market .............................
Edited by redfoliage2, 09 December 2021 - 10:32 AM.
Better Hedge against Rising Inflation
Started by
redfoliage2
, Dec 08 2021 12:11 PM
13 replies to this topic
#12
redfoliage2
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Posted 09 December 2021 - 11:58 AM
It looks that the President may already be informed of the CPI data, that is going to be a hot one:
https://www.investin...-prices-2706126
#13
redfoliage2
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Posted 10 December 2021 - 08:36 AM
Good news for bulls: Nov CPI (MoM 0.8%) lower than Oct CPI (MoM 0.9%) . Core CPI also lower Nov 0.5% MoM vs. Oct 0.6% MoM. CPI looks topped .................
Edited by redfoliage2, 10 December 2021 - 08:42 AM.
#14
redfoliage2
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Posted 10 December 2021 - 08:53 AM
Today's CPI removed the hurdle for the market to run for new highs before the end of the year ....................
